Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
| PDS Creation Date | 28 May 2007 |
| PDS Updated as of | 07 Jun 2007 |
| Project Name | KAZ: SENIOR LOAN TO BANK CENTERCREDIT |
| Borrower/Equity Investment Name | BANK CENTERCREDIT |
| Country |
Kazakhstan |
| Project/Program Number | 41912-014 |
| Status | Approved |
| Geographical Location | Kazakhstan |
| In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area. | |
| Sector and/or Subsector Classification | Finance / Banking Systems |
| Thematic Classification | Economic growth Private sector development |
| Gender Mainstreaming Categories | – |
| Type/Modality of Assistance | Approval Number | Source of Funding | Approved Amount (thousand) |
|---|---|---|---|
| Capacity Development TA | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| Project Loan | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| Project Loan | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| Private Sector Loan and Equity | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| Policy and Advisory TA | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| Project Preparatory TA | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| Capacity Development TA | 7255 | Private Sector Loan (Fully Disbursed) | 50,000 |
| TOTAL | KZT 350,000 | ||
For more information about the safeguard categories, please see http://www.adb.org/site/safeguards/safeguard-categories
| Environment | FI |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Environmental Aspects – |
| Involuntary Resettlement – |
| Indigenous Peoples – |
| During Project Design – |
| During Project Implementation – |
| The proposed transaction will provide a senior, unsecured loan of up to $50 million (denominated in US dollars or tenge equivalent) to JSC Bank CenterCredit (BCC), for the purpose of lending to small and medium-sized enterprises (SMEs) in Kazakhstan.1 |
| ADB has two main objectives for the proposed financing. The first is to foster BCC s SME financing and thus help the Government to move the economy to more influence of corporate and SME growth in the overall economy, away from the high dependence on natural resource industries. The second objective is to issue its first domestic bond in Kazakhstan and thereby establish a benchmark for AAA risk in the country and foster the development of the local bond market. |
| – |
| Description of Project Outputs – |
Status of Implementation Progress (Outputs, Activities, and Issues) – |
| Status of Development Objectives – |
Material Changes – |
| Date of First Listing | – |
| Consulting Services – |
|
| Procurement – |
|
| Procurement and Consulting Notices http://www.adb.org/projects/41912-014/business-opportunities |
|
| Concept Clearance | 02 Apr 2007 |
| Fact-finding | – |
| Management Review Meeting | 01 Jun 2007 |
| Approval | 27 Jun 2007 |
| Last Review Mission | 26 Apr 2007 to 27 Apr 2007 |
| Approval No. | Approval | Signing | Effectivity | Closing | ||
| Original | Revised | Actual | ||||
| – | – | – | – | – | – | – |
| Responsible ADB Officer | Johanna L. Klein (jklein@adb.org) |
| Responsible ADB Department | Private Sector Operations Department |
| Responsible ADB Divisions | Capital Markets and Financial Sectors Division |
| Executing Agencies | – |
| Project Website | http://www.adb.org/projects/41912-014/main |
| List of Project Documents | http://www.adb.org/projects/41912-014/documents |